Friday, June 11, 2010

The Back End of the Bubble

The FBI is preparing to arrest hundreds of people across the country as early as next week for offenses including:
- encouraging borrowers to falsify income on mortgage applications
- misleading home owners about foreclosure rescue programs
- inflating home appraisals.

The FBI is scheduled to release its 2009 mortgage report on June 17.

Let's see if any of Hoboken's finest transactions have brought any notoriety to the party.

1 comment:

Anonymous said...

Interesting give & take on the coming crash

http://streeteasy.com/nyc/talk/discussion/21427-the-new-york-crash-is-coming